vs

Side-by-side financial comparison of Stanley Black & Decker (SWK) and T. Rowe Price (TROW). Click either name above to swap in a different company.

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $1.9B, roughly 2.0× T. Rowe Price). T. Rowe Price runs the higher net margin — 26.1% vs 1.4%, a 24.7% gap on every dollar of revenue. On growth, Stanley Black & Decker posted the faster year-over-year revenue change (0.1% vs -4.0%). Over the past eight quarters, T. Rowe Price's revenue compounded faster (3.5% CAGR vs 0.3%).

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

SWK vs TROW — Head-to-Head

Bigger by revenue
SWK
SWK
2.0× larger
SWK
$3.8B
$1.9B
TROW
Growing faster (revenue YoY)
SWK
SWK
+4.1% gap
SWK
0.1%
-4.0%
TROW
Higher net margin
TROW
TROW
24.7% more per $
TROW
26.1%
1.4%
SWK
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
3.5%
0.3%
SWK

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SWK
SWK
TROW
TROW
Revenue
$3.8B
$1.9B
Net Profit
$51.4M
$484.1M
Gross Margin
31.4%
Operating Margin
36.6%
Net Margin
1.4%
26.1%
Revenue YoY
0.1%
-4.0%
Net Profit YoY
-43.6%
2.7%
EPS (diluted)
$0.34
$2.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SWK
SWK
TROW
TROW
Q1 26
$1.9B
Q4 25
$1.9B
Q3 25
$3.8B
$1.9B
Q2 25
$3.9B
$1.7B
Q1 25
$3.7B
$1.8B
Q4 24
$3.7B
$1.8B
Q3 24
$3.8B
$1.8B
Q2 24
$4.0B
$1.7B
Net Profit
SWK
SWK
TROW
TROW
Q1 26
$484.1M
Q4 25
$445.3M
Q3 25
$51.4M
$646.1M
Q2 25
$101.9M
$505.2M
Q1 25
$90.4M
$490.5M
Q4 24
$194.9M
$439.9M
Q3 24
$91.1M
$603.0M
Q2 24
$-11.2M
$483.4M
Gross Margin
SWK
SWK
TROW
TROW
Q1 26
Q4 25
Q3 25
31.4%
Q2 25
27.0%
Q1 25
29.9%
Q4 24
30.8%
Q3 24
29.9%
Q2 24
28.4%
Operating Margin
SWK
SWK
TROW
TROW
Q1 26
36.6%
Q4 25
24.4%
Q3 25
34.0%
Q2 25
27.8%
Q1 25
33.8%
Q4 24
3.4%
31.2%
Q3 24
10.6%
34.4%
Q2 24
9.5%
32.6%
Net Margin
SWK
SWK
TROW
TROW
Q1 26
26.1%
Q4 25
23.0%
Q3 25
1.4%
34.1%
Q2 25
2.6%
29.3%
Q1 25
2.4%
27.8%
Q4 24
5.2%
24.1%
Q3 24
2.4%
33.8%
Q2 24
-0.3%
27.9%
EPS (diluted)
SWK
SWK
TROW
TROW
Q1 26
$2.23
Q4 25
$1.98
Q3 25
$0.34
$2.87
Q2 25
$0.67
$2.24
Q1 25
$0.60
$2.15
Q4 24
$1.29
$1.91
Q3 24
$0.60
$2.64
Q2 24
$-0.07
$2.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SWK
SWK
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$268.3M
$3.7B
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$9.0B
$974.7M
Total Assets
$21.8B
$14.4B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWK
SWK
TROW
TROW
Q1 26
$3.7B
Q4 25
$3.4B
Q3 25
$268.3M
$3.6B
Q2 25
$311.8M
$3.1B
Q1 25
$344.8M
$2.8B
Q4 24
$290.5M
$2.6B
Q3 24
$298.7M
$3.2B
Q2 24
$318.5M
$2.7B
Total Debt
SWK
SWK
TROW
TROW
Q1 26
Q4 25
Q3 25
$5.3B
Q2 25
$5.6B
Q1 25
$5.6B
Q4 24
$6.1B
Q3 24
$6.1B
Q2 24
$6.1B
Stockholders' Equity
SWK
SWK
TROW
TROW
Q1 26
$974.7M
Q4 25
$10.9B
Q3 25
$9.0B
$10.8B
Q2 25
$9.1B
$10.6B
Q1 25
$8.8B
$10.4B
Q4 24
$8.7B
$10.3B
Q3 24
$8.9B
$10.2B
Q2 24
$8.7B
$9.9B
Total Assets
SWK
SWK
TROW
TROW
Q1 26
$14.4B
Q4 25
$14.3B
Q3 25
$21.8B
$14.7B
Q2 25
$22.5B
$14.3B
Q1 25
$22.5B
$14.0B
Q4 24
$21.8B
$13.5B
Q3 24
$22.5B
$13.7B
Q2 24
$22.5B
$13.1B
Debt / Equity
SWK
SWK
TROW
TROW
Q1 26
Q4 25
Q3 25
0.59×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
0.69×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SWK
SWK
TROW
TROW
Operating Cash FlowLast quarter
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWK
SWK
TROW
TROW
Q1 26
Q4 25
$-18.7M
Q3 25
$221.2M
$609.3M
Q2 25
$214.3M
$529.9M
Q1 25
$-420.0M
$632.9M
Q4 24
$679.1M
$-281.9M
Q3 24
$285.8M
$652.5M
Q2 24
$573.0M
$677.7M
Free Cash Flow
SWK
SWK
TROW
TROW
Q1 26
Q4 25
$-85.4M
Q3 25
$155.3M
$546.0M
Q2 25
$134.7M
$467.7M
Q1 25
$-485.0M
$550.9M
Q4 24
$564.6M
$-394.9M
Q3 24
$199.3M
$547.9M
Q2 24
$485.8M
$574.4M
FCF Margin
SWK
SWK
TROW
TROW
Q1 26
Q4 25
-4.4%
Q3 25
4.1%
28.8%
Q2 25
3.4%
27.1%
Q1 25
-13.0%
31.2%
Q4 24
15.2%
-21.6%
Q3 24
5.3%
30.7%
Q2 24
12.1%
33.1%
Capex Intensity
SWK
SWK
TROW
TROW
Q1 26
Q4 25
3.4%
Q3 25
1.8%
3.3%
Q2 25
2.0%
3.6%
Q1 25
1.7%
4.6%
Q4 24
3.1%
6.2%
Q3 24
2.3%
5.9%
Q2 24
2.2%
6.0%
Cash Conversion
SWK
SWK
TROW
TROW
Q1 26
Q4 25
-0.04×
Q3 25
4.30×
0.94×
Q2 25
2.10×
1.05×
Q1 25
-4.65×
1.29×
Q4 24
3.48×
-0.64×
Q3 24
3.14×
1.08×
Q2 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

Related Comparisons